Scheer, Rowlett & Associates Investment Management Ltd. Long-Term Concentrated

Location: Toronto, Ontario, Canada

CIK: 0001426327 · Show all filings

Period: Q1 2016 (← Previous) (Next →)

Filing Date: May 13, 2016

Total Value: $1.786B (100.0% shares, 0.0% debt)

Holdings (30)

BNS Bank of Nova Scotia 10.3%

Value $184M Shares 3,748,143 Share Price $49.07 * Est. Cost/Share $30.36 Unrealized @ Report Date -16.0%

CM Canadian Imperial Bank of Commerce 8.4%

Value $150M Shares 1,997,245 Share Price $75.01 * Est. Cost/Share $20.76 Unrealized @ Report Date +0.5%

CNI Canadian National Railway 7.9%

Value $141M Shares 2,243,524 Share Price $62.75 * Est. Cost/Share $41.82 Unrealized @ Report Date +11.7%

RY Royal Bank of Canada 7.9%

Value $140M Shares 2,425,858 Share Price $57.85 * Est. Cost/Share $59.28 Unrealized @ Report Date -12.6%

SU Suncor Energy Inc. 6.9%

Value $123M Shares 4,396,891 Share Price $27.96 * Est. Cost/Share $19.58 Unrealized @ Report Date -13.1%

TD Toronto-Dominion Bank 6.8%

Value $121M Shares 2,788,664 Share Price $43.34 * Est. Cost/Share $42.37 Unrealized @ Report Date -8.9%

CNQ Canadian Natural Resources Ltd. 5.4%

Value $95.72M Shares 3,524,187 Share Price $27.16 * Est. Cost/Share $8.73 Unrealized @ Report Date -20.4%

MGA Magna International Inc. Class A 4.6%

Value $82.08M Shares 1,901,530 Share Price $43.16 * Est. Cost/Share $29.45 Unrealized @ Report Date -5.7%

— Agrium Inc. 4.4%

Value $79.26M Shares 894,043 Share Price $88.65 Est. Cost/Share $90.92 Unrealized @ Report Date —

MFC Manulife Financial Corp. 3.9%

Value $68.92M Shares 4,849,795 Share Price $14.21 * Est. Cost/Share $15.42 Unrealized @ Report Date -13.1%

BMO Bank of Montreal 3.6%

Value $63.89M Shares 1,047,780 Share Price $60.98 * Est. Cost/Share $36.24 Unrealized @ Report Date +1.6%

— Barrick Gold Corp. 3.5%

Value $62.56M Shares 4,587,419 Share Price $13.64 Est. Cost/Share $16.51 Unrealized @ Report Date —

TU Telus Corp. 3.3%

Value $58.76M Shares 1,797,610 Share Price $32.69 * Est. Cost/Share $17.19 Unrealized @ Report Date -16.3%

CVE Cenovus Energy Inc. 3.1%

Value $55.49M Shares 4,246,777 Share Price $13.07 * Est. Cost/Share $22.14 Unrealized @ Report Date -54.6%

SLF Sun Life Financial Inc. 3.0%

Value $53.51M Shares 1,651,798 Share Price $32.39 * Est. Cost/Share $31.12 Unrealized @ Report Date -5.7%

RCI Rogers Comm Inc. Class B 2.8%

Value $50.89M Shares 1,265,777 Share Price $40.20 * Est. Cost/Share $47.22 Unrealized @ Report Date -23.4%

GIL Gildan Activewear Class A 2.7%

Value $47.46M Shares 1,550,149 Share Price $30.62 * Est. Cost/Share $21.21 Unrealized @ Report Date +7.3%

— TransCanada Pipelines Corp. 2.6%

Value $46.8M Shares 1,185,490 Share Price $39.48 Est. Cost/Share $32.72 Unrealized @ Report Date —

— Goldcorp Inc. 2.0%

Value $36.07M Shares 2,214,490 Share Price $16.29 Est. Cost/Share $13.16 Unrealized @ Report Date —

MEOH Methanex Corp. 1.0%

Value $18.18M Shares 563,205 Share Price $32.27 * Est. Cost/Share $34.86 Unrealized @ Report Date -14.7%

TECK Teck Resources Ltd. 0.9%

Value $16.23M Shares 2,131,877 Share Price $7.62 * Est. Cost/Share $25.86 Unrealized @ Report Date -79.1%

TAC Transalta Corp. 0.8%

Value $13.95M Shares 2,988,125 Share Price $4.67 * Est. Cost/Share $5.32 Unrealized @ Report Date -27.2%

— Thomson Reuters Corporation 0.8%

Value $13.5M Shares 331,841 Share Price $40.68 Est. Cost/Share $34.43 Unrealized @ Report Date —

— Precision Drilling Corp. 0.7%

Value $12.7M Shares 3,018,749 Share Price $4.21 Est. Cost/Share $8.83 Unrealized @ Report Date —

— Potash Corp. of Saskatchewan 0.7%

Value $12.55M Shares 734,028 Share Price $17.09 Est. Cost/Share $40.12 Unrealized @ Report Date —

BCE BCE Inc. 0.7%

Value $12.21M Shares 266,713 Share Price $45.76 * Est. Cost/Share $22.31 Unrealized @ Report Date +4.2%

CCJ Cameco Corp. 0.5%

Value $9.174M Shares 711,795 Share Price $12.89 * Est. Cost/Share $17.48 Unrealized @ Report Date -37.4%

— Domtar Corp 0.4%

Value $7.442M Shares 183,105 Share Price $40.64 Est. Cost/Share $35.56 Unrealized @ Report Date —

— Celestica Inc. 0.3%

Value $5.593M Shares 507,320 Share Price $11.02 Est. Cost/Share $10.00 Unrealized @ Report Date —

— Dominion Diamond Corp. 0.3%

Value $4.79M Shares 430,245 Share Price $11.13 Est. Cost/Share $11.13 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BNS	Bank of Nova Scotia	3,748,143	$184M	10.3%	$49.07 *	$30.36	-16.0%	COM	064149107
CM	Canadian Imperial Bank of Commerce	1,997,245	$150M	8.4%	$75.01 *	$20.76	+0.5%	COM	136069101
CNI	Canadian National Railway	2,243,524	$141M	7.9%	$62.75 *	$41.82	+11.7%	COM	136375102
RY	Royal Bank of Canada	2,425,858	$140M	7.9%	$57.85 *	$59.28	-12.6%	COM	780087102
SU	Suncor Energy Inc.	4,396,891	$123M	6.9%	$27.96 *	$19.58	-13.1%	COM	867224107
TD	Toronto-Dominion Bank	2,788,664	$121M	6.8%	$43.34 *	$42.37	-8.9%	NEW	891160509
CNQ	Canadian Natural Resources Ltd.	3,524,187	$95.72M	5.4%	$27.16 *	$8.73	-20.4%	COM	136385101
MGA	Magna International Inc. Class A	1,901,530	$82.08M	4.6%	$43.16 *	$29.45	-5.7%	COM	559222401
—	Agrium Inc.	894,043	$79.26M	4.4%	$88.65	$90.92	—	COM	008916108
MFC	Manulife Financial Corp.	4,849,795	$68.92M	3.9%	$14.21 *	$15.42	-13.1%	COM	56501R106
BMO	Bank of Montreal	1,047,780	$63.89M	3.6%	$60.98 *	$36.24	+1.6%	COM	063671101
—	Barrick Gold Corp.	4,587,419	$62.56M	3.5%	$13.64	$16.51	—	COM	067901108
TU	Telus Corp.	1,797,610	$58.76M	3.3%	$32.69 *	$17.19	-16.3%	COM	87971M103
CVE	Cenovus Energy Inc.	4,246,777	$55.49M	3.1%	$13.07 *	$22.14	-54.6%	COM	15135U109
SLF	Sun Life Financial Inc.	1,651,798	$53.51M	3.0%	$32.39 *	$31.12	-5.7%	COM	866796105
RCI	Rogers Comm Inc. Class B	1,265,777	$50.89M	2.8%	$40.20 *	$47.22	-23.4%	CL B	775109200
GIL	Gildan Activewear Class A	1,550,149	$47.46M	2.7%	$30.62 *	$21.21	+7.3%	COM	375916103
—	TransCanada Pipelines Corp.	1,185,490	$46.8M	2.6%	$39.48	$32.72	—	COM	89353D107
—	Goldcorp Inc.	2,214,490	$36.07M	2.0%	$16.29	$13.16	—	COM	380956409
MEOH	Methanex Corp.	563,205	$18.18M	1.0%	$32.27 *	$34.86	-14.7%	COM	59151K108
TECK	Teck Resources Ltd.	2,131,877	$16.23M	0.9%	$7.62 *	$25.86	-79.1%	CL B	878742204
TAC	Transalta Corp.	2,988,125	$13.95M	0.8%	$4.67 *	$5.32	-27.2%	COM	89346D107
—	Thomson Reuters Corporation	331,841	$13.5M	0.8%	$40.68	$34.43	—	COM	884903105
—	Precision Drilling Corp.	3,018,749	$12.7M	0.7%	$4.21	$8.83	—	COM 2010	74022D308
—	Potash Corp. of Saskatchewan	734,028	$12.55M	0.7%	$17.09	$40.12	—	COM	73755L107
BCE	BCE Inc.	266,713	$12.21M	0.7%	$45.76 *	$22.31	+4.2%	NEW	05534B760
CCJ	Cameco Corp.	711,795	$9.174M	0.5%	$12.89 *	$17.48	-37.4%	COM	13321L108
—	Domtar Corp	183,105	$7.442M	0.4%	$40.64	$35.56	—	NEW	257559203
—	Celestica Inc.	507,320	$5.593M	0.3%	$11.02	$10.00	—	SUB VTG SHS	15101Q108
—	Dominion Diamond Corp.	430,245	$4.79M	0.3%	$11.13	$11.13	—	COM	257287102